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Ryan Specialty Holdings RYAN Noncontrolling interests in subsidiaries

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Other financials

Income statement

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Revenue$795.2M+15.2%
Operating income$94.6M-5.6%
Net income$17.6M+164%
EPS (diluted)$0.12-33.8%

Balance sheet

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Cash & equivalents$1.5B+13.2%
Total debt$3.8B-2.3%
Total equity$636.2M+17.3%
Total assets$11.0B+11.3%

Cash flow

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Operating cash flow-$167.4M-17.2%
CapEx--100%
Free cash flow-$167.4M-16.7%

Valuation

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Market cap$10.96B+44.8%
Enterprise value$13.25B+36.6%
P/E100.8×-35.1×
P/S3.5×+0.8×

Profitability

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Operating margin15.5%-1.7pp
Net margin3.4%+1.5pp
FCF margin19.5%+1.2pp

Returns & leverage

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Return on equity18.4%+9.2pp
Debt / equity5.9×-1.2×
Current ratio0.0×

Where this comes from

Reported directly by Ryan Specialty Holdings in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Ryan Specialty Holdings’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 7:15 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001849253-26-000026
Line itemMarch 31, 2026December 31, 2025
Preferred stock ($0.001 par value; 500,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2026 and December 31, 2025)
Additional paid-in capital506,021513,610
Retained earnings120,528120,353
Accumulated other comprehensive income9,39013,845
Total stockholders’ equity attributable to Ryan Specialty Holdings, Inc.$636,202$648,073
Non-controlling interests582,852605,978
Total stockholders’ equity$1,219,054$1,254,051
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$11,011,638$10,564,171

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ryan Specialty Holdings's noncontrolling interests in subsidiaries?
Ryan Specialty Holdings (RYAN) reported noncontrolling interests in subsidiaries of $582.85M in Q1 2026.
How has Ryan Specialty Holdings's noncontrolling interests in subsidiaries changed year-over-year?
Ryan Specialty Holdings's noncontrolling interests in subsidiaries increased by 13.2% year-over-year, from $514.8M to $582.85M.
What is the long-term trend for Ryan Specialty Holdings's noncontrolling interests in subsidiaries?
Over 3 years (2022 to 2025), Ryan Specialty Holdings's noncontrolling interests in subsidiaries has grown at a 21.3% compound annual growth rate (CAGR), from $339.41M to $605.98M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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